What responsibility does business have to society? Nobel prize recipient Milton Friedman and others have argued that a corporation’s purpose is to maximize returns to its shareholders, and that since only people can have social responsibilities, corporations are only responsible to their shareholders and not to society as a whole. Others have gone so far [...] [...]
I believe that Mississippi has an underappreciated and underutilized secret weapon in the business world. Simply put, we have a great culture of generosity and friendliness. We care about other people. Mississippi consistently is No. 1 on the Generosity Index created by the “Catalogue for Philanthropy,” which analyzes the average adjusted income of residents and the [...] [...]
Carolyn Boteler believes her employees are like family. Minutes earlier, the CEO and president of TempStaff had accepted her company’s third “Best Places to Work in Mississippi” award at the Kickoff Breakfast for the 2010 Mississippi Business & Technology EXPO at the Mississippi Trade Mart on April 7. With her management team surrounding her, Boteler [...] [...]
Decision to reduce number of days mail is delivered will hamper business The Yazoo Herald newspaper is the one place Yazooans can find out who’s getting married, who’s been arrested or what happened at the latest meeting of the county supervisors or city aldermen. The newspaper, which hits mailboxes on Wednesdays and Saturdays, also offers [...] [...]
What is your exit strategy? This is a frequent question I hear when working with investors in a business. Whether your business is investor-backed or not, this is a pertinent question. Since none of us are immortal, all entrepreneurs need to consider what will ultimately happen to their business. I find that many people simple [...] [...]
Great entrepreneurs are usually great builders. Like a real estate developer who turns an open lot into a beautiful building, an entrepreneur takes an idea and turns it into reality. In this sense, entrepreneurs are truly creative people. The business world is where they do their art. In this process, entrepreneurs create value. They create [...] [...]
MEC president understands link between education and business Mississippi Economic Council (MEC) president Blake Wilson understands the important link between education and the business community. That understanding has not gone unnoticed by others. Hank Bounds, commissioner of the State Institutions of Higher Learning, said Wilson, who has spent more than 15 years working with [...] [...]
Alan Turner has been named Publisher of the Mississippi Business Journal . Turner, with 30 years experience in the publishing industry, replaces Publisher Ed Darling, who retired after a distinguished 45-year career in journalism. Turner has worked extensively in the media business, including daily and community newspapers, business and legal publications, broadcasting, magazines, [...] [...]
Tim Barnett of Mississippi State University’s College of Business is a newly elected member of the Southern Management Association’s leadership team. A professor in the university’s management and information systems academic department, he is vice president and program chair-elect, a position that begins a multi-year track taking him to the SMA’s presidency in 2013. Representing [...] [...]
The Jackson facility will play a major role as diversified industrial manufacturer Eaton Corporation begins working on the design and manufacture of the hydraulic system for Irkut Corporation’s new MC21 single-aisle aircraft line in Russia. Eaton’s Aerospace facility in Jackson, Mississippi will play a major design and production role in this new initiative that is [...] [...]
Loading ...